Hey Boomers, let's rejoice! The reason our Soc. Security is delayed for two years is

[Dragonfli]

113. That was a major fuck up that cost the country 6 billion a year

because of $120 million and that was just on debt that it was late on (that it actually did pay although late).

According to that article, because of that error, more interest was applied to all 800 billion dollars which was the debt at the time, now imagine what would happen if it was merely late on paying 2.6 trillion dollars in debt and what interest rates would be forced on the entire debt the US owes now (a vastly larger number), imagine further, if it failed to pay that 2.6 trillion dollar debt at all.

It would destroy this country financially and I believe my imagined B rating to be way too optimistic cosidering the information you supplied. Do you really think, that they will not pay those bonds when you add up the cost of not doing so? It would be financial suicide for the country.

So in a way, you have proven my point.

Thank you for the link, I honestly did not know that we were ever even late in paying our bond debt, thank Goddess we never actually failed to pay our bonds at all, the repercussions would be more than devastating.